We offer employees of the OPP the benefit of payroll deduction.
This means that any loan or mortgage payment is deducted right from your pay (through your payroll provider) and you won’t see a transaction pass through your account. When you receive your pay every other Thursday, the amount deposited into your bank account is AFTER we have already taken the payment for a credit product you may have, or any type of deposit you want to make into an RRSP or regular savings account.
With payroll deduction, you don’t have to wait for the pre-authorized payment to pass out of your account. This method virtually eliminates the possibility of finding yourself overdrawn or missing a loan or mortgage payment.
To Start, Stop or Change your Payroll Deduction
Notify the OPPA Credit Union by mail, e-mail or fax, or use our online payroll deduction form.
Please include your name, region and detachment, account number, the amount you wish to have deducted, and to which account the deduction is to be directed (e.g., chequing, savings).
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